The Anti-Narcotics Cell of the Mumbai police arrested a 50-year-old woman, who is suspected to be a drug peddler at Kalbadevi area, the police said on Friday.
According to the police, 1.27 kg heroin worth over Rs 3 crore has been seized from her possession.
"The woman has been identified as Saraswati Parma Naidu and is believed to be a major supplier of heroin in south Mumbai," the police said.
A case against the woman has been filed against Narcotic Drugs and Psychotropic Substances Act and an investigation into the matter is underway.
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